Property Overview

Interra Realty is pleased to present for sale 1117 N. Kildare Ave. The subject property is an eight (8) unit multifamily walkup property located in the Humboldt Park neighborhood of Chicago's west side.

1117 N. Kildare Ave. has been well maintained over the course of ownership. Recent improvements include a substantial tuckpointing and lintel repair job, new rear sidewalks, and updates to electric panels. Approximately half of the units in the property have seen cosmetic rehabs and feature spacious kitchen
and pantry spaces. The property is heated by individual forced air furnaces and is serviced through one central hot water tank.

This offering presents a new investor with the opportunity to acquire a well maintained property in an emerging market with significant upside in the rent roll. A new operator could continue to add value by increasing rents or introducing subsidized tenants as units turn.

Highlights

  • Well Maintained Building in Appreciating Humboldt Park
  • Near Proximity to Amazon’s new 140,000 Sqft. Warehouse
  • Individual Forced Air Furnaces | Recent Tuckpointing Work
  • Strong Unit Mix: (8) 2BD/1BA Units
  • Under Market Rents | Value Add Opportunity

Key Details

Sale Price
$825,000
Number of Units
Eight (8)
Submarket
Humboldt Park